1031 Update: Collector Car Exchange Is No Longer Allowed
Sadly, the new tax laws have effectively killed the collector car Exchange. As more details emerge of changes to 1031 Exchanges due to the new...
Phone: 1-800-735-1031
Local Phone: 503-635-1031
Email: info@1031Exchange.com
Phone: 800-475-1031
Local Phone: 503-619-0223
Email: info@iraadvantage.net
Phone: 800-735-1031
Email: info@post1031.com
"WASHINGTON STATE LAW, RCW 19.310.040, REQUIRES AN Exchange FACILITATOR TO EITHER MAINTAIN A FIDELITY BOND IN AN AMOUNT OF NOT LESS THAN ONE MILLION DOLLARS THAT PROTECTS CLIENTS AGAINST LOSSES CAUSED BY CRIMINAL ACTS OF THE Exchange FACILITATOR, OR HOLD ALL CLIENT FUNDS IN A QUALIFIED ESCROW ACCOUNT OR QUALIFIED TRUST." RCW 19.310.040(1)(b) (as amended)